Reed Integration, Inc, Is Certified as 8(a), Small Disadvantaged Business

News Release: Reed Integration, Inc, Is Certified as 8(a), Small Disadvantaged Business (SDB) by the Small Business Administration

Date: June 12, 2007
Contact: Steve Waddell, 757-638-3238
Hampton Roads, VA -

The U.S Small Business Administration (SBA) office in Washington D.C informed RII that the company is now certified as an 8(a), Small Disadvantage Business (SDB). 8(a) is a business development program designed to help small, disadvantaged businesses compete in the American economy and access the federal procurement market. Benefits of the 8(a) program include the following:

• Participants can receive sole-source contracts, up to a ceiling of $3 million for goods and services and $5 million for manufacturing.
• To speed up the award process, the SBA has signed Memorandums of Understanding (MoUs) with 25 federal agencies allowing them to contract directly with certified 8(a) firms.
• And finally, 8(a) firms may form joint ventures and teams to bid on contracts, which enhances the ability of 8(a) firms to perform larger prime contracts and overcome the effects of contract bundling, the combining of two or more contracts together into one large contract. 8(a) firms automatically qualify for SDB certification.

Benefits of the SDB program include: 

• Price evaluation adjustment: Qualified SDBs receive a price evaluation adjustment of up to ten percent on procurements where mandated by regulation.
• Subcontracting opportunities: Qualified prime contractors can receive evaluation credits when using SDBs as subcontractors